Value-Add Mixed-Use Opportunity

  • $502,000
438, North 7th Street, Allentown, Pennsylvania, 18102, United States
For Sale
Value-Add Mixed-Use Opportunity
438, North 7th Street, Allentown, Pennsylvania, 18102, United States
  • $502,000

Overview

Property ID: MLS762577
  • Commercial
  • Property Type
  • 2878
  • sqft
  • 1843
  • Year Built

Description

Value-Add Mixed-Use Opportunity – Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. • Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income. • Unit 2: One-bedroom studio apartment, perfect for consistent rental income. • Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.

Gross Inc:
$60,420
Net Inc:
$44,320
Operate Exp:
$16,100 including Vacancy and MGM

 

  • Address 438, North 7th Street, Allentown, Pennsylvania, 18102, United States
  • City Allentown
  • State/county Lehigh County
  • Zip/Postal Code 18102
  • Area Allentown Central
  • Country United States

Details

Updated on August 25, 2025 at 8:44 pm
  • Property ID: MLS762577
  • Price: $502,000
  • Property Size: 2878 sqft
  • Land Area: 4681 sqft
  • Year Built: 1843
  • Property Type: Commercial
  • Property Status: For Sale

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